S T A T E O F N E W Y O R K
________________________________________________________________________
3612
2025-2026 Regular Sessions
I N S E N A T E
January 29, 2025
___________
Introduced by Sens. HELMING, MATTERA -- read twice and ordered printed,
and when printed to be committed to the Committee on Procurement and
Contracts
AN ACT to amend the state finance law, in relation to granting a prefer-
ence to New York State businesses in the state contract award process
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 162 of the state finance law is amended by adding a
new subdivision 2-a to read as follows:
2-A. PREFERRED STATUS FOR BIDS. A. PREFERRED STATUS, AS PRESCRIBED IN
THIS SECTION, SHALL BE ACCORDED TO BIDS WHERE SUCH BID'S COMMODITIES OR
SERVICES ARE PRODUCED BY A COMPANY WHOSE HEADQUARTERS AND PRIMARY BUSI-
NESS PRESENCE ARE LOCATED IN NEW YORK STATE AND SUCH BID WAS WITHIN FIVE
PERCENT OF THE WINNING BID. A COMPANY'S PRIMARY BUSINESS PRESENCE IS
LOCATED IN NEW YORK STATE WHEN IT REALIZES MORE THAN FIFTY PERCENT OF
ITS COMBINED GROSS REVENUES FROM BUSINESS ACTIVITY GENERATED IN NEW YORK
STATE AND HAS MORE THAN FIFTY PERCENT OF ITS FULL-TIME EQUIVALENT
EMPLOYEES EMPLOYED IN NEW YORK STATE.
B. WHEN PREFERRED STATUS IS GIVEN TO MULTIPLE BIDS, THE BEST PREFERRED
STATUS BID SHALL BE CONSIDERED THE WINNING BID.
§ 2. This act shall take effect one year after it shall have become a
law.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD08234-01-5